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Starbucks Malaysia posts record loss amid sustained customer boycotts

Berjaya Group sustained heavy annual losses and revenue decline as customer sentiment towards US brands in the country continues to be negatively impacted by the Israel-Gaza conflict

Photo credit: Kouji Tsuru

Berjaya Group sustained heavy annual losses and revenue decline as customer sentiment towards US brands in the country continues to be negatively impacted by the Israel-Gaza conflict

Starbucks’ Malaysia licensee has reported a record net loss as customers stayed away from the US coffee chain in protest against the Gaza conflict. 

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